Advisor Alert: Our Attorneys Are Investigating Haiguang Hai Yin For Investment Fraud
Did You Lose Money Because of John Yin?
Filed: November 15, 2023
John Yin (also known as Haiguang Hai Yin) has been the subject of three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Haiguang Hai Yin.
Who Is Haiguang Hai Yin?
- Advisor Name: Haiguang Hai Yin
- Aliases: John Yin
- CRD: 3249933
- Location: Arcadia, California
- Current Employer: Currently Not Registered
- Previous Firms: Cetera Investment Services LLC, LPL Financial LLC, and Uvest Financial Services Group, Inc.
- Number of Known Customer Complaints: 3
- Can John Yin Be Sued: Yes, in Private Arbitration
- Can John Yin’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $175,000
- Highest Settlement: $23,440.91
If you have suffered investment losses by John Yin, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against John Yin For Broker Misconduct
As of this publication date, John Yin has been the subject of 3 customer disputes. Let’s review them below.
In October 2020, a FINRA arbitration was filed against or in reference to John Yin by a customer of Cetera Investment Services LLC alleging unsuitable investment recommendations. Per the customer, he/she lost over $175,000 because of Yin’s actions. On February 25, 2022, Yin settled the claim for $5,000, and some or all of this amount may have been paid by Yin’s employer and/or insurance carrier.
In September 2019, a complaint was filed against or in reference to John Yin by multiple customers of Cetera Investment Services LLC alleging that the product was misrepresented when purchased. Per the customers, they lost over $49,034.90 because of Yin’s actions.
In August 2014, a complaint was filed against or in reference to John Yin by multiple customers of Cetera Investment Services LLC alleging that the clients were not told of the penalty to withdraw their money from the product. Per the customers, they lost over $23,440.91 because of Yin’s actions. On October 3, 2014, Yin settled the claim for $23,440.91, and some or all of this amount may have been paid by Yin’s employer and/or insurance carrier.
How To File A Claim Against John Yin (previously with Cetera Investment Services LLC, LPL Financial LLC, and Uvest Financial Services Group, Inc.) To Get Your Money Back.
If you have questions about John Yin, Cetera Investment Services LLC, LPL Financial LLC, Uvest Financial Services Group, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.